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Adam Smith notes the foundation of economic and business relationships, and describes how division of labor benefits the economy. Supply and demand create an economy that allows good products to succeed through the "invisible hand" of consumer choice and social benefits.


Source: Business Ethics, https://www.youtube.com/watch?v=u90IZ_GwOXE
Creative Commons License This work is licensed under a Creative Commons Attribution 3.0 License.

Last modified: Thursday, May 9, 2024, 3:43 PM